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Government Extends Lower Import Duty on Edible Oil Until March 2025; Omits Words, Figures, and Letters in Notification

The CBIC vide Notification No. 02/2024-Customs dated January 15, 2024, amending certain notifications under the Customs Act, 1962, in accordance with the powers conferred by the Finance Act, 2021. The amendments are deemed necessary in the public interest, with details outlined in a specified table.

 

S. No.

Notification No. and Date Amendments
(1) (2)

(3)

1.

48/2021-Customs, dated October 13, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 733(E)., dated October 13, 2021 In the said notification, in paragraph 2, for the figures “2024”, the figures “2025” shall be substituted;

2.

49/2021-Customs, dated October 13, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 734(E)., dated October 13, 2021

In the said notification, in paragraph 2, the words, figures, and letters 

 

Source

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with section 124 of the Finance Act, 2021 (13 of 2021), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby amends the following notifications of the Government of India in the Ministry of Finance (Department of Revenue),specified in column (2) of the Table below, to the extent specified in the corresponding entries in column (3) of the said Table,namely

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